United Tractors

PT United Tractors Tbk.

Company type	Public IDX: UNTR
Industry	Heavy equipment, Mining
Founded	1972
Headquarters	Jakarta, Indonesia
Key people	Gidion Hasan (CEO), Prijono Sugiarto (President Commissioner)
Products	Construction equipment Mining equipment Industrial machinery Coal mining Gold mining
Revenue	Rp 84.43 trillion (2019)
Net income	Rp 11.13 trillion (2019)
Total assets	Rp 111.7 trillion (2019)
Total equity	Rp 61.1 trillion (2019)
Number of employees	26,942 (2016)
Website	www.unitedtractors.com

PT United Tractors Tbk or United Tractors (UT/the Company) is a company that was established on 13 October 1972 as the exclusive distributor of Komatsu Limited heavy equipment in Indonesia. On 19 September 1989, the company went public and listed its shares in Indonesia Stock Exchange as PT United Tractors Tbk (UNTR), with PT Astra International Tbk as the majority shareholder. The company is also the exclusive distributor of UD Trucks, Bomag, Tadano and Scania AB.

Aside of being the largest distributor of heavy equipment in the country, the Company also plays an active role in the field of mining contracting and has recently ventured into coal and gold mining businesses. Through its subsidiaries, the Company owns and operates several coal mines of 400 million tons combined reserve and one of the largest gold mines in the world, Martabe mine. The three major business units are Construction Machinery, Mining Contracting and Mining. The portfolio of these three business units are prudently managed to provide stable profitability unlike a typical pure-play mining company which its profitability strongly depends on the volatile commodity prices. In 2012, when mining businesses were in decline, United Tractors still delivered net income of Rp 55,953 billion (US$5.593 billion) and was recognized as the sixth largest company in Indonesia according to Fortune 100.

Subsidiaries

Company	Established	Business Activities	Ownership	Website
PT Bina Pertiwi	1976	Farm Tractors Distribution	100%	http://www.binapertiwi.com
PT Komatsu Indonesia	1982	Komatsu Heavy Equipment Manufacturer	5%	http://www.komi.co.id
PT United Tractors Pandu Engineering	1983	Component Manufacturer & Fabrication	100%	http://www.patria-ute.com
PT Pamapersada Nusantara	1988	Mining Contracting	100%	http://www.pamapersada.com
PT United Tractors Semen Gresik	1992	Limestone Quarry Contracting	45%
UT Heavy Industry (S) Pte Ltd	1994	Singapore Distribution Arm for Heavy Equipment	100%
PT Komatsu Remanufacturing Asia	1997	Engine & Component Recondition	49%	http://kra.co.id/
PT Multi Prima Universal	2008	Used Equipment & Rental	100%	http://www.mpu.co.id
PT Tuah Turangga Agung	2008	Coal Mining	100%	http://telenorbitprima.com
PT Harmoni Mitra Utama	2008	Logistics & Distribution	35%
PT Andalan Multi Kencana	2010	Commodity/ Developed Parts Distribution	100%	http://www.allmakes.co.id
PT Universal Tekno Reksajaya	2011	Recondition and Remanufacturing Company	100%	http://www.utr.co.id
PT Karya Supra Perkasa	2014	The trading, construction, and industry	100%	http://www.utr.co.id
PT Anugerah Gunung Mas	2014	Coal Mining	100%	http://www.utr.co.id
PT Prima Multi Mineral	2014	Coal Mining	100%	http://www.utr.co.id
PT Patria Maritime Lines	2008	Coal and other energy transportation	100%	http://www.utr.co.id
United Ostermeyer Engineering Pty. Ltd.	1996	Design and planning	100%	http://www.utr.co.id
Allmakes Asia Pasific Pte. Ltd	2001	Heavy equipment parts seller	100%	http://www.allmakesworld.com

Expansions

From 9 hectares area in Cibitung, Bekasi Regency, West Java, the company is building 3 hectares new factory to add 30 percent of current production. It will produce since Q4 2011.

External links

• Official website